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$219,000

Beds
2
Baths
1.0
sq ft
1,104

108 Franklin St, Ludington, MI 49431

108 Franklin St

Ludington, MI 49431

  • 210 days on market
    • Price drop $5,000↓
City of Ludington! 1.2 miles to LAKE MICHIGAN BEACH & STEARNS PARK! Great location close to town & schools! Major updates to this 2 bedroom, 1 bath charmer! BEAUTIFUL refinished wood floors & freshly painted! Newer roof, kitchen, appliances, electrical, plumbing & more! Seller is installing NEW HIGH EFFICIENCY FURNACE! Open concept living, kitchen & dining! Home boasts character with arched hallway & wood burning fireplace with built in cabinets! Low maintenance cozy backyard & deck! Dry basement with bonus room/office & plenty of storage! Perfect for 1st time home buyers or GREAT BEACH GET AWAY! Enjoy walks along the lakeshore, breathtaking sunsets, the Lake Michigan Car Ferry or hiking at the State Park just minutes away! Seize this opportunity to own a slice of Ludington!

Details

Property type

Single Family Residence

Est. home value

$216,896

Lot size

4,792 sq ft

Price per sq ft

$199

Year built

1925

Annual property taxes

$3,976

Price History

01/22/2025
Realcomp

Realcomp #67024038839

Listed
$219,000
12/15/2024
Realcomp

Realcomp #67024038839

Pending
$219,000
10/11/2024
Realcomp

Realcomp #67024038839

Price change
$219,000
-2.23%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ludington

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$164,563
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$36,917
Cash to seller
$164,563

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nortwestern Mortgage Co

Loan start date

October 2008

Original loan amount

$54,000

Est. remaining balance

$36,917

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Christopher S Pontz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 5:35 PM

Listing updated: 01/23/2025 at 12:04 PM

Listed by: Pamela Lynn Buck, Five Star Real Estate - Ludington Phone #: (231) 220-2555

MLS: Realcomp #67024038839

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